Hi all, I hope you can help me with the following problem.
We have SRM 7.1
The Dutch auction is not working properly. I generated a Dutch auction with a start price,
Time increment (in minutes) and a price increment.
However, after the time increment has Passed, the next valid Bid value (on vendor screen) does not increase with respect to the price increment.
Start Price = 100
Price increment = 10
Time increment (minute) = 5
Celing price = 140
Under this information I hope that, if no bids at the end of 5 minutes, the start price should increase from 100 to 110 (which should be reflected in the Next Valid Bid). Still far exceeding the 5 minutes, there is never a price increase.
Any suggestions to enable the proper functioning of this type of auction?